Real Estate Law News
6/30/2009 11:28:40 AM EST
SEC tells State Street it could face civil charges
NEW YORK – (AP) State Street Corp. on Monday disclosed in a regulatory filing that the Securities and Exchange Commission could bring civil charges against its main subsidiary for possible securities violations tied to past investments in subprime mortgages.
State Street Bank and Trust Co. received a "Wells" notice from the SEC on Thursday . . . .
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